Resource Development Group Limited (RDG) , is pleased to announce that it has exercised the option agreement to acquire environmental and approvals consultancy firm, Ecologia Environmental Consultants Pty Ltd. Established in 1989, Ecologia is an environmental consultancy firm based in Perth with over 30 personnel, and provides environmental management and biological science consultancy services to the mining and resources, oil and gas, construction, local and federal government, utilities and infrastructure sectors within Australia.
Ecologia is considered one of the leaders in environmental consultancy within the Australian mining sector, and has capability across all aspects of environmental management including approvals, impact assessments, auditing, training, risk, systems, management plans and due diligence. These capabilities also cover all aspects of biological sciences including zoology, botany, monitoring, groundwater, flora and fauna surveys and environmentally sensitive areas, which are key to all mining and resource projects. Final consideration was $6.25 million consisting of approximately 60% cash and the issue of approximately 12 million shares. The cash component of the acquisition will be debt funded.